The Minister made the announcement at The Four Seasons in Silicon Valley where she and Invest Northern Ireland Chief Executive Alastair Hamilton are meeting with existing and potential investors and building trade links.

Quantus is a rapidly growing provider of dynamic enterprise solutions for the casino and gaming, hospitality and entertainment sectors. With an $850,000 offer of support from Invest NI, the company will establish a support, operations and software development center from which to service existing markets in the US and new European markets.

Arlene Foster said: “I met with senior management from Quantus in San Francisco yesterday to finalize negotiations with Invest NI and ensure that this project was secured for Northern Ireland."

“In discussing business plans with the company, I was greatly impressed with how rapidly this young, dynamic firm has grown since it was established in late 2011 and with its proposed plans for future growth. The jobs being promoted will pay well above the NI private sector median, in line with the Program for Government objectives."

“The decision by Quantus to locate this project in Northern Ireland demonstrates once again that this region is a global location of choice for international companies.”

Also at the event was Stephen Luczo, CEO of Seagate, who spoke to the success Seagate has had with its over 15 year partnership with Invest Northern Ireland.

Matt Bieber of Quantus said: “It is an honor to work with Invest Northern Ireland. This investment will accelerate our development initiatives and facilitate continued growth within the Entertainment industry. ”

James Romeo of Quantus added: “In deciding on a new location for our center of excellence, Belfast was the clear winner in terms of skills, accessibility to target markets and connectivity. We could however, have found these factors at other global sites so it was really the offer of support from Invest NI that helped us to make the final decision.